Brokers' take

Keppel DC Reit | Buy

Target price: S$1.33

Nov 29 close: S$1.205

DBS Group Research, Nov 29

KEPPEL DC Reit remains one of the few Reits in Singapore that is projected to deliver a solid 5 per cent CAGR in distributions supported by positive market dynamics. The acquisition of Keppel DC Singapore 3 (KDC SG 3) further diversifies the Reit's earnings base and fuels a stronger earnings growth trajectory of 5 per cent going forward. Apart from b…